ANLINO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANLINO
Largest movements
- Receivables within one year +€44,506
up €44,506 (+63.4%), from €70,200 to €114,705
- Intangible fixed assets -€35,000
down €35,000 (-13.3%), from €262,260 to €227,260
- Reserves +€45,028
up €45,028 (+66.9%), from €67,281 to €112,309
- Current portion of long-term debt -€38,865
down €38,865 (-51.2%), from €75,850 to €36,985
- Debts after one year -€22,372
down €22,372 (-15.8%), from €141,649 to €119,277
- Trade debts +€21,771
up €21,771 (+79.9%), from €27,232 to €49,003
- Gross operating margin +€20,722
up €20,722 (+24.3%), from €85,399 to €106,121
- Taxes +€5,081
up €5,081 (+56.9%), from €8,930 to €14,011
- Depreciation -€3,707
down €3,707 (-9.5%), from €39,165 to €35,457
- Other operating charges +€2,930
up €2,930 (+165.5%), from €1,771 to €4,701
- Financial income +€1,605
up €1,605 (+41.4%), from €3,877 to €5,482
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,636 | €345,771 | +€6,135 | +1.8% |
| Formation expenses | 20 | €624 | €373 | -€251 | -40.2% |
| Fixed assets | 21/28 | €262,829 | €227,623 | -€35,207 | -13.4% |
| Intangible fixed assets | 21 | €262,260 | €227,260 | -€35,000 | -13.3% |
| Tangible fixed assets | 22/27 | €569 | €362 | -€207 | -36.3% |
| Furniture and vehicles | 24 | €569 | €362 | -€207 | -36.3% |
| Current assets | 29/58 | €76,183 | €117,775 | +€41,592 | +54.6% |
| Amounts receivable within one year | 40/41 | €70,200 | €114,705 | +€44,506 | +63.4% |
| Other amounts receivable | 41 | €70,200 | €114,705 | +€44,506 | +63.4% |
| Cash at bank and in hand | 54/58 | €173 | €500 | +€327 | +189.5% |
| Deferred charges and accrued income | 490/1 | €5,811 | €2,570 | -€3,241 | -55.8% |
| Total equity and liabilities | 10/49 | €339,636 | €345,771 | +€6,135 | +1.8% |
| Equity | 10/15 | €73,281 | €118,309 | +€45,028 | +61.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €67,281 | €112,309 | +€45,028 | +66.9% |
| Distributable reserves | 133 | €67,281 | €112,309 | +€45,028 | +66.9% |
| Amounts payable | 17/49 | €266,356 | €227,462 | -€38,893 | -14.6% |
| Amounts payable after more than one year | 17 | €141,649 | €119,277 | -€22,372 | -15.8% |
| Financial debts | 170/4 | €141,649 | €119,277 | -€22,372 | -15.8% |
| Amounts payable within one year | 42/48 | €124,707 | €108,185 | -€16,522 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €75,850 | €36,985 | -€38,865 | -51.2% |
| Financial debts | 43 | €320 | - | -€320 | |
| Credit institutions | 430/8 | €320 | - | -€320 | |
| Trade debts | 44 | €27,232 | €49,003 | +€21,771 | +79.9% |
| Suppliers | 440/4 | €27,232 | €49,003 | +€21,771 | +79.9% |
| Taxes, remuneration and social security | 45 | €21,306 | €22,198 | +€892 | +4.2% |
| Taxes | 450/3 | €21,306 | €22,198 | +€892 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,165 | €35,457 | -€3,707 | -9.5% |
| Other operating charges | 640/8 | €1,771 | €4,701 | +€2,930 | +165.5% |
| Gross operating margin | 9900 | €85,399 | €106,121 | +€20,722 | +24.3% |
| Operating profit (loss) | 9901 | €44,464 | €65,962 | +€21,499 | +48.4% |
| Financial income | 75/76B | €3,877 | €5,482 | +€1,605 | +41.4% |
| Recurring financial income | 75 | €3,877 | €5,482 | +€1,605 | +41.4% |
| Financial charges | 65/66B | €13,343 | €12,405 | -€938 | -7.0% |
| Recurring financial charges | 65 | €13,343 | €12,405 | -€938 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €34,998 | €59,039 | +€24,041 | +68.7% |
| Income taxes | 67/77 | €8,930 | €14,011 | +€5,081 | +56.9% |
| Profit (loss) for the period | 9904 | €26,067 | €45,028 | +€18,960 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,067 | €45,028 | +€18,960 | +72.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.